Global Agriculture Robots Market Report, published by Variant Market Research, forecast that the global market is expected to reach $5,214 million by 2024 from $968 million in 2016; growing at a CAGR of 23.4% from 2016 to 2024. By geography, Asia Pacific and rest of the world (RoW) are expected to grow at a CAGR of 24.7% and 24.1%, respectively, during the forecast period.

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major factor supporting the growth of the agriculture robots market are increasing population along with shortage of food worldwide and pressure on farmers to produce more grains in limited time are the. Furthermore, lack of availability of skilled labors and high cost of labors are also expected to fuel the growth of the market.

The agriculture robots market has been bifurcated into type, application and geography. Type segment comprises UAV, driverless tractor, milking robots and machines, among others. Driverless tractor and machines accounted for the market share of 32.4% and 26.5% respectively, in 2016, owing to several benefits of driverless tractor and machines such as precision in work and minimization the labour cost. Furthermore, agriculture robots market is also segmented in to different applications such as dairy management, field farming, indoor farming, and horticulture. Among these applications, field farming and horticulture accounted for the market share of 37.3% and 23.4%, respectively in the year 2016.

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North America, Europe, Asia-Pacific and rest of the world (RoW) are the major regions covered in the report. Asia-Pacific is the fastest growing region in the global agriculture robots market, driven by increase in population and high penetration of robots for high yield and to reduce human intervention. North America dominated the market with highest market share in the year of 2016, owning to increasing adoption of agriculture robots in United States.
Major market players in the agriculture robots market are Deere & Company, Harvest Automation, Inc., AGCO Corporation, AutoProbe Technologies LLC, Naio Technology, Agribotix LLC., GEA Group, KC Drone Co., MafRodaAgrobotics and BouMatic Robotics BV, among others.

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Scope of Agriculture Robots Market

Type Segments
• Driverless Tractor
• Milking Robots
• UAV
• Machines
• Others

Application Segments
• Dairy Management
• Indoor Farming
• Field Farming
• Horticulture
• Others

Geographical Segments
• North America
o US
o Canada
o Mexico

• Europe
o Germany
o France
o United Kingdom
o Italy
o Others

• Asia-Pacific
o China
o India
o Japan
o Others

• RoW
o South America
o Middle East
o Africa

About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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